Long-time Dril-Quip CFO makes way for newcomer

Houston-based oilfield services company Dril-Quip has appointed a new vice president and chief financial officer (CFO), effective March 13, 2017.

Dril-Quip said on Thursday that former CFO Jerry M. Brooks accepted a newly created position of vice president of Investor Relations and that he would be succeeded by Jeffrey Bird.

Apart from the CFO position, Bird will also take on the role of vice president.

Bird previously served as the executive VP and CFO of Frank’s International, a provider of engineered tubular services to the oil and gas industry, from December 2014 through February 2017. He was also the VP and CFO of Ascend Performance Materials, a provider of chemicals, fibers, and plastics, since September 2010. Before joining Ascend, Bird served in a variety of accounting and finance roles in the industrial manufacturing sector.

Blake DeBerry, Dril-Quip’s President and CEO, said: “We are very pleased to have someone with Jeff’s finance and accounting expertise and industry experience assume the role of Chief Financial Officer. Jeff is an ideal fit for our management team, and we believe he will be a great addition to our company.”

He also thanked Jerry Brooks for staying on in his new position to assist with the transition. Brooks has been with Dril-Quip for over 25 years and the company’s CFO since 1999.